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they need a professional to help them get out of this. Sue McFadden? make a compromise deal with the note holders? maybe a better deal if they can wait a year?
finance is probably not his strength. wish you could have helped him
I'm assuming about an average of .007 per share when they sold.
isn't it like a 14,000% profit on their investment in just 2 months? who was insane enough to authorize this?
do I have this right? for $14,800 investment they got 296 million shares. at that rate, the remaining $161,700 debt would be exchanged for 3.234 Billion shares, if my math is right. AMLH would have to authorize another 1 billion shares, equaling 5 billion total, the 2.8 billion above the OS plus the 400 million restricted would equal about 3.2 billion. whose idea was it to sell debt at that rate? McFadden?
I agree 100%. it's incredible how much Bishop has accomplished in just 2 months. laying the groundwork. Quarters 2 and 3 we should begin to see results. even one big investor could gobble up half the float.
i'm thinking a lot of the old flippers from the first couple runs have gone away, so we need some new traders or better yet investors with deep pockets
anemic volume yesterday. going from .004-.007 on a tweet, like on april 26, probably won't happen without 200 million shares
this debt is peanuts and not a surprise.
very funny!
I didn't know there were any gaps to fill. I thought 29 was major support from the mid-april drop
millennials are the future. they know gaming. I'm glad that AMLH/GGM is operated by millennials. they have a different approach to business, more casual, yet their drive and dedication to craft is just as strong as earlier generations
I think we touched 28 but I agree that yesterday was the bottom.
"Facebook agreed with ESL to stream over 5,500 hours of esports events, including 1,500 hours of original programming" (original programming, as in GGMedia?)http://www.esportsbettingreport.com/google-amazon-twitter-facebook-esports-audience/
bought another 2 million on the way down last couple weeks. picked up a few more at 29 today... Bishop's style is typical of many young people today. it's just different. But i'm confident he wants this to happen.
exactly. the investor base is still small. increased exposure of this 2-month old company will put more pressure on share price. one big investor could easily gobble up half the float.
Maybe the 1Q financials have been completed if the brokerages are allowing trading but takes 3 days for yield sign to catch up and disappear. Just speculating.
I tend to agree with the conservative scenario. after all the company is only 2 months old. but you never know. one big contract with a big player like Facebook or Disney could knock this out of the park
keep some powder dry in case it does. usually one last sharp fake-out drop then shoots up. yet the last few days indicate capitulation.
"The Walt Disney Company owns a third of BamTech, for which it paid $1 billion in August 2016. Its aim is to produce live streams for ESPN, but it will also be looking to exploit social media live-stream opportunities." is this why Bishop went to Orlando a couple weeks ago?
At the end of last week, May 19, Facebook agreed with ESL to stream over 5,500 hours of esports events, including 1,500 hours of original programming. "Original programming"...sound familiar?
ESL Pro-league Season Finals, May 31 - June 4, Dallas. http://wiki.teamliquid.net/counterstrike/ESL/Pro_League/Season_5/Finals
wait til word gets out. there will be a stampede. even now just one big investor could buy the entire float the price is so cheap.
it would make sense to wait til after the yield sign is off before big PR. hence the silence.
to many other stocks out there to catch people's attention. they sell at a loss and fade away in search of higher gains elsewhere. I think the selling is retail not dumping in light of the miniscule daily volume
the lowest and third lowest volume days in 2 months back to back.
do you know something others don't?
need to lift the yield sign first before PR about contracts
flippers are done flipping, longs are loaded and waiting for financials and then contracts. ready to explode.
lowest volume in more than 2 months. sellers are gone. calm before the storm.
very well said. especially the part about how we helped him get better conversion rate by driving the price higher. we help him, he helps us.
yield needs to come off before news is released for greater impact and other trading platforms get involved
you're probably one of the largest shareholders. know of anyone with more?
number of stars is the number of the 50 most-followed posters of IHub who are currently watching the ticker.
2nd lowest volume day in two months. very quiet. waiting.
not being current allows friends the chance to get in cheap.
it's not easy cleaning up the mess left by McFadden. They will file as soon as they can. Maybe release after a couple hours of panic selling to allow folks to get some cheap shares.
looks like a couple pages of OTC companies got the yield sign back by not filing. but we already have ours. doubt we would go back to stop sign.